Entry Into Memorandum Of Understanding/ 簽訂諒解備忘錄
The Board of Directors of Regal International Group Ltd. (the “Company”, and together with its subsidiaries, the “Group”) wishes to announce that the Company’s wholly-owned subsidiary, Temasek Regal Capital Sdn Bhd (“TRC”) has on 16 March 2017 entered into a memorandum of understanding (“MOU”) with Twin Revenue Sdn Bhd (“TRSB”). TRSB is the registered proprietor and beneficial owner of a number of native reclassified lands in Sarawak, Malaysia and is in business of land investment, construction and development.
Under the MOU, TRC and TRSB (“Parties”) intend to jointly collaborate and joint ventureship to undertake development projects, sourcing for land investments and/or any other to-be-approved project(s) with each other and the subsidiaries of TRC (“Collaboration”). The Parties will, where necessary and needed, enter into a formal agreement pertaining to the respective projects in respect of this Collaboration in due course. The term of the MOU is for a period of twelve months from the date of the MOU.
Regal International Group Ltd.（簡稱“公司”及旗下所有子公司統稱“集團”）的董事會僅此宣佈其全資子公司Temasek Regal Capital Sdn. Bhd. (簡稱“TRC”) 已於2017年3月16日與Twin Revenue Sdn Bhd (簡稱 “TRSB”) 簽訂諒解備忘錄 (簡稱 “諒解備忘錄”) 。TRSB爲馬來西亞砂嶗越若干當地重分類土地之實益擁有人及註冊業主，並從事土地投資、建築及發展業務。
依據諒解備忘錄，TRC與TRSB (簡稱 “雙方”)有意共同合作，以合資經營的模式，與對方及TRC的子公司等，聯手進行物業開發項目、土地投資及/或其他有待批准之項目(簡稱 “合作”)。雙方將適時，以此番合作之原則，就個別項目訂立正式的協議。本諒解備忘錄的期限爲自簽訂日起的十二個月内。
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